Comforce calls remaining $5.216 million 12% notes

By Julie A. Miller

Washington, July 28 - Comforce Corp. announced that it will redeem all its outstanding 12% senior notes due Dec. 1, 2010.

The principal amount outstanding is $5.216 million.

Comforce said it will pay 102% of par plus accrued interest from June 1 to the scheduled redemption date of Aug. 25. The total redemption price will be $5.466 million.

The buyback will be funded with proceeds from the company's bank credit facility.

Based in Woodbury, N.Y., Comforce is a provider of outsourced staffing management services, specialty staffing and consulting services.

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